The first table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Canary Wharf region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 23 42 48
Rank change year-on-year
+19 +6
Contract jobs citing Credit Derivative 1 6 2
As % of all contract IT jobs located in Canary Wharf 0.65% 1.69% 0.51%
As % of the Miscellaneous category 1.61% 4.26% 1.38%
Number of daily rates quoted 1 4 0
Average daily rate £575 £600 -
Average daily rate % change year-on-year
-4.16% -
UK excluding London average daily rate £375 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
62 141 145
As % of all contract IT jobs located in Canary Wharf 40.26% 39.83% 36.62%
Number of daily rates quoted 49 108 96
Average daily rate £590 £600 £550
Average daily rate % change year-on-year
-1.66% +9.09%
90% offered a daily rate of more than £292 £500 £420
10% offered a daily rate of more than £800 £675 £650
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 1 1 0
Average hourly rate £28.00 £42.50 -
Average hourly rate % change year-on-year
-34.11% -
UK excluding London average hourly rate £17.50 £21.00 £25.00
% change year-on-year
-16.66% -16.00%
Credit Derivative
London

Credit Derivative
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend in Canary Wharf

Credit Derivative
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the Canary Wharf region.

Credit Derivative Daily Rate Trend in Canary Wharf

Credit Derivative
Top 21 Related IT Skills in Canary Wharf

For the 6 months to 18 April 2014, IT contractor jobs across the Canary Wharf region citing Credit Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative.

1 1 (100.00%) C#
1 1 (100.00%) SQL
1 1 (100.00%) .NET
1 1 (100.00%) Sybase
1 1 (100.00%) Web Services
1 1 (100.00%) XML
1 1 (100.00%) OO
1 1 (100.00%) OOD
1 1 (100.00%) SOA
1 1 (100.00%) Front Office
1 1 (100.00%) Finance
1 1 (100.00%) Fixed Income
1 1 (100.00%) Derivative
1 1 (100.00%) JIRA
1 1 (100.00%) WPF
1 1 (100.00%) Multithreading
1 1 (100.00%) Inversion of Control
1 1 (100.00%) FxCop
1 1 (100.00%) Reactive Extensions
1 1 (100.00%) Jenkins
1 1 (100.00%) Unity DI Container

Credit Derivative
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Canary Wharf region citing Credit Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative. Up to 20 skills are shown per category.

Development Applications
1 1 (100.00%) JIRA
1 1 (100.00%) FxCop
1 1 (100.00%) Jenkins
General
1 1 (100.00%) Front Office
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Front Office Developer
1 1 (100.00%) .NET Developer
1 1 (100.00%) C# Developer
1 1 (100.00%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) .NET
1 1 (100.00%) Web Services
1 1 (100.00%) XML
1 1 (100.00%) WPF
1 1 (100.00%) Reactive Extensions
1 1 (100.00%) Unity DI Container
Miscellaneous
1 1 (100.00%) Fixed Income
1 1 (100.00%) Derivative
1 1 (100.00%) Inversion of Control
Processes & Methodologies
1 1 (100.00%) OO
1 1 (100.00%) OOD
1 1 (100.00%) SOA
1 1 (100.00%) Multithreading
Programming Languages
1 1 (100.00%) C#
1 1 (100.00%) SQL
Vendors
1 1 (100.00%) Sybase